D’Avigdor-Goldsmid v Inland Revenue Commisioners; HL 1953

References: [1953] AC 347 A contingency which makes money payable under a chose cannot affect the proprietary interests in the chose in action and therefore in its proceeds. No fresh beneficial interest in a policy of life assurance accrues or arises on the death of the life assured. The sum assured belongs to the person or persons who were beneficial owners of the policy immediately before the death. A charge upon the subject must be imposed by clear and unambiguous language. This case is cited by: